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South Lake Tahoe Weekly Real Estate Market Statistics

February 18, 2010

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos for the East Shore.  I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports.  The reason that I use this segment of the market is that it has the most influence on the general value trends.

The South Shore market has been heating up with the higher temperatures this past week.  The Market Activity Ratio helps me to track the current Buyer activity and trend which is the relationship between the Active Listings and Pending Sales.  This past week we saw it jump from 20.9% to 23.2%.  This is the result of Active Listings decreasing by 2 as the Pending Sales increased by 13.

This past week there were only 2 new sales for a YTD of 50.  This brought the 6 month Average Sales Price down by .8% to $389,426.  the sales were on Freel Peak for $258,000 and on Atroari for $308,000.  It’s interesting to note that the short sales and bank owned properties represent about 72% of the Pending sales and about 15% of the active inventory.

Listings per Status

Area Market Survey

 
Listings as of 02/18/10 at 5:01pm

Active
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 3 219  
$140,000 thru $159,999 1 262  
$160,000 thru $179,999 8 119  
$180,000 thru $199,999 8 96  
$200,000 thru $249,999 32 122  
$250,000 thru $299,999 48 166  
$300,000 thru $349,999 36 173  
$350,000 thru $399,999 34 192  
$400,000 thru $449,999 22 188  
$450,000 thru $499,999 21 199  
$500,000 thru $549,999 19 164  
$550,000 thru $599,999 19 194  
$600,000 thru $649,999 6 174  
$650,000 thru $699,999 13 151  
$700,000 thru $749,999 13 129  
$750,000 thru $799,999 8 156  
$800,000 thru $849,999 4 320  
$850,000 thru $899,999 6 278  
$900,000 thru $949,999 1 430  
$950,000 thru $999,999 10 259  
$1,000,000 thru $1,249,999 6 139  
$1,250,000 thru $1,499,999 8 260  
$1,500,000 thru $1,749,999 4 133  
$1,750,000 thru $1,999,999 8 216  
$2,000,000 thru $2,249,999 2 273  
$2,250,000 thru $2,499,999 3 419  
$3,250,000 thru $3,499,999 2 274  
$4,250,000 thru $4,499,999 1 569  
$4,500,000 thru $4,749,999 2 117  
$5,000,000 thru $5,999,999 1 1317  
$10,000,000 or more 1 63  
  350 183  
 
Summary Price Information
Minimum  $126,000 Maximum  $12,900,000
Average  $651,768 Median  $425,000
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2010 Rapattoni Corporation. All rights reserved.

Area Market Survey

 
Listings as of 02/18/10 at 5:01pm

Pending
Listing Price Range  Quantity      Average DOM  
$80,000 thru $89,999 1 71  
$120,000 thru $139,999 1 17  
$140,000 thru $159,999 1 212  
$160,000 thru $179,999 3 65  
$180,000 thru $199,999 8 203  
$200,000 thru $249,999 7 77  
$250,000 thru $299,999 17 170  
$300,000 thru $349,999 16 68  
$350,000 thru $399,999 7 272  
$400,000 thru $449,999 1 92  
$450,000 thru $499,999 11 155  
$500,000 thru $549,999 5 183  
$550,000 thru $599,999 5 208  
$600,000 thru $649,999 5 149  
$650,000 thru $699,999 4 177  
$700,000 thru $749,999 3 121  
$750,000 thru $799,999 1 961  
$800,000 thru $849,999 1 643  
$850,000 thru $899,999 2 211  
$950,000 thru $999,999 2 476  
$1,000,000 thru $1,249,999 4 307  
$1,250,000 thru $1,499,999 1 115  
  106 174  
 
Summary Price Information
Minimum  $81,000 Maximum  $1,395,000
Average  $446,222 Median  $349,375

Sold
Selling Price Range  Quantity      Average DOM  
$60,000 thru $69,999 1 77  
$80,000 thru $89,999 3 97  
$100,000 thru $119,999 1 38  
$120,000 thru $139,999 6 232  
$140,000 thru $159,999 8 111  
$160,000 thru $179,999 6 105  
$180,000 thru $199,999 13 124  
$200,000 thru $249,999 46 109  
$250,000 thru $299,999 51 132  
$300,000 thru $349,999 31 133  
$350,000 thru $399,999 25 178  
$400,000 thru $449,999 15 193  
$450,000 thru $499,999 13 273  
$500,000 thru $549,999 10 251  
$550,000 thru $599,999 14 157  
$600,000 thru $649,999 8 246  
$650,000 thru $699,999 11 191  
$700,000 thru $749,999 2 83  
$750,000 thru $799,999 5 268  
$800,000 thru $849,999 1 45  
$850,000 thru $899,999 1 439  
$900,000 thru $949,999 1 133  
$950,000 thru $999,999 1 1  
$1,000,000 thru $1,249,999 1 306  
$1,250,000 thru $1,499,999 2 269  
$1,500,000 thru $1,749,999 2 71  
$2,500,000 thru $2,749,999 1 496  
$3,000,000 thru $3,249,999 1 117  
  280 158  
 
Summary Price Information
Minimum  $67,000 Maximum  $3,200,000
Average  $389,426 Median  $306,500
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2010 Rapattoni Corporation. All rights reserved.

Written by admin · Filed Under Weekly Statistics for CA 
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